Ethereum Spot ETFs See Record-Breaking Net Inflow for 11th Consecutive Day

Ethereum spot ETFs have seen their 11th consecutive day of net inflows, according to data from SoSoValue. Yesterday, August 31, these funds saw a total net inflow of $87.6799 million.

The largest single-day net inflow was recorded by Blackrock's ETHA ETF, with $59.9357 million pouring in. This brings its historical total net inflow to an impressive $12.797 billion.

Grayscale's Ethereum Mini Trust ETF, ETH, came in second with a daily net inflow of $13.5037 million, taking its own historical total net inflow to $1.924 billion.

The current total net asset value of Ethereum spot ETFs stands at $15.614 billion, representing an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 5.23%.